Corporate tax cut: Investor wealth jumps Rs 10.5 lakh crore in 2 days
Corporate tax cut: Led by the continuous strength in the equity market, the market capitalisation (m-cap) of BSE-listed firms jumped Rs 10.53 lakh crore to Rs 149.05 lakh crore so far in two days.
ITC shares up 9% as no cess on cigarettes was increased
The stock touched a high of 260.30 on the BSE and gained as much as 9.3%.The stock's market cap increased by nearly $3.66 billion Investors Become Richer By Nearly Rs 7 Lakh Crore In A Day
The bull market led the market capitalisation of the BSE-listed companies to soar Rs 6,82,938.6 crore to Rs 1,45,37,378.01 crore in single day.
Sensex, Nifty surge most in 10 years; BSE Midcap sees highest single-day gain
At 12:30, the BSE Sensex was at 37,874.66, up 1781.19 points, or 4.93%, while the Nifty was at 11,197.05, up 492.25 points, or 4.60%.The BSE Midcap was up 4.76% and BSE the Smallcap jumped 2.80%
Bajaj Finance shares jump nearly 3% on QIP approval
The company had touched its 52-week high of 3,761.35 on 5 July 2019.During the early trade, the stock was trading 3% higher at 3,464 on the BSE Market breadth worst in six years in 2019 amid sluggish economic growth
In the first eight months of 2019, 70 per cent stocks in the BSE 500 universe were down. Stocks in the BSE 500 universe account for 94 per cent of India's total market capitalisation
Indian indices hold gains, realty stocks in demand
State-owned Bharat Heavy Electricals was up 3.88%.Market breadth was positive, with 1,681 stocks on BSE up, and 582 stocks down YES Bank rallies 6% as lender denies stake sale report
In a reply to BSE, the lender said the news report was speculative. Indiabulls Housing Finance slips 9% over alleged PIL
The company is determined to fight out the petitioners in court, it said in a BSE filing.
L&T; Construction bags order for Navi Mumbai International Airport
L&T Construction did not provide value of the contracts but said the orders fall under 'major' category which ranges between 5,000 crore and 7,000 crore.Shares of the company were trading at 1,314 apiece, down 1.06%, from their previous close on BSE